NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: WLFI Price Dips 7% As Eric Trump Leaves World Liberty Treasury Company ALT5 Sigma
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: WLFI Price Dips 7% As Eric Trump Leaves World Liberty Treasury Company ALT5 Sigma

Former CFPB Deputy Director Raj Date Sees Promise in Bitcoin

newsbtc
newsbtc
4 years ago
1 min read

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

The former Deputy Director of the United States Consumer Financial Protection Bureau Raj Date is investing in bitcoin. He appeared on CNBC on Wednesday to discuss the digital currency, which he remains vocally bullish on.

“The things I like about innovation in consumer finance, like bitcoin, like digital currency, is the exact reason I went to the Consumer Financial Protection Bureau,” he said. “How is it that you can take new ideas and make the system work better for people?”

Asked whether or not he thinks bitcoin needs regulation, Date said “Absolutely”.

“The potential for digital currency to really make an impact in peoples’ lives is if payments can be cheaper, easier, faster and more secure,” he said. “But having a steady and clear set of regulatory apparatus around it will make things better, not worse.”

Mr. Date says that it’s possible that bitcoin may not be the end-all of digital currencies, but says that anything that solves consumer problems and merchants is a good thing.

With the recent collapse of the Mt. Gox exchange, which resulted in the loss of hundreds of millions of investors dollars (in bitcoin), Date sees a maturing financial industry surrounding bitcoin.

“The new firms in this marketplace are considerably more serious-minded, considerably better financed, and take [security] seriously.”

Date serves as managing director of Fenway Summer, an advisory/investment firm operating out of Washington, D.C. He’s also serving on the board of the Circle Internet Financial, a start-up based here in Massachusetts that aims to make secure, easy-to-use products for digital currency users.

[textmarker color=”C24000″]Source[/textmarker] CNBC

Tweet123Share196ShareSend
newsbtc
newsbtc

newsbtc

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

Ripple breidt custody oplossingen uit naar Europa - XRP koers staat op springen

Ripple breidt custody oplossingen uit naar Europa – XRP koers staat op springen

Ripple maakt onlangs bekend dat het een nieuwe samenwerking is aangegaan met een grote bank in Spanje. Hiermee breidt Ripple...

Lars Diederiksen 1 hour ago
Bitcoin

Bitcoin Jumps Past $114K As Markets Eye Fed Easing After PPI Report

Bitcoin climbed past $114,000 this week, pushing markets higher after a surprisingly weak reading on producer prices. According to reports,...

Christian Encila 1 hour ago
South Korea Lifted Crypto Restrictions for Venture Companies, Hyping Up Pepenode’s Presale

South Korea Lifted Crypto Restrictions for Venture Companies, Hyping Up Pepenode’s Presale

South Korea is lifting crypto restrictions for venture companies on September 16, giving them easier access to financing avenues and...

Aaron Walker 2 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

Japan’s Crypto Payment Revolution Begins – Best Wallet Joins the Race

Japan’s Crypto Payment Revolution Begins – Best Wallet Joins the Race

Aaron Walker 33 minutes ago

Bitcoin Hyper savāc 200 000 dolārus 24 stundās, pārkāpjot 15 miljonu dolārus iepriekšpārdošanā – Vai tas var atkārtot Bitcoin 227 000 000% kāpumu?

lasma 1 hour ago
Stellar XLM price news

Stellar About To Moon? XLM Price Prediction Calls For 400% Explosion

Jake Simmons 1 hour ago

Premium Sponsors

Press Releases

  • Vì sao các Meme coin tiềm năng đang vượt mặt...

    3 hours ago
  • Promising potential coins

    Các đồng coin tiềm năng để mua ngay khi Chỉ...

    3 hours ago
  • Nhà giao dịch PEPE Chuyển Hướng Sang Alt Coin

    Altcoin tốt nhất để mua khi Ethereum rút khỏi...

    3 hours ago
  • Přeměna 750 USD na 1 500 000 USD: v roce 2021 to byl...

    3 hours ago
  • Transformă 300 $ în 30.000 $ cu aceste 3 monede care

    Transformă 300 $ în 30.000 $ cu aceste 3 monede care vor...

    4 hours ago

Newsletter

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.